“the company has not conducted a single trial in humans or published an ounce of data from its completed studies of petri dish cells and rodents in cages. Under normal drug development proceedings, a pharmaceutical startup would submit such preclinical work to peer review to support any claims and use it to drum up funding for clinical testing. AEBi’s PR move might be an attempt at a shortcut. In an interview on Tuesday, the company’s founder and CEO, Ilan Morad, told the Times of Israel that lack of cash flow is the reason AEBi has elected not to publish data.”

“CTS Labs, a Tel Aviv-based hardware security company announced the vulnerabilities [of certain AMD processors, competitors against the Meltdown and Spectre-compromised Intel processors] on a sleek ad hoc website and in videos published Tuesday. The company also published a white paper that explains what the vulnerabilities are without including their full technical details. Among the most explosive claims in the white paper is the idea that there are ‘an array of hidden manufacturer backdoors inside AMD’s Promontory chipsets’ and “the Ryzen and Ryzen Pro chipsets, currently shipping with exploitable backdoors, could not have passed even the most rudimentary white-box security review.”

“A shady financial firm tried to bury and short sell AMD-based on several security vulnerabilities discovered by CTS Labs. But the tactic appears to have failed….The researchers, who work for CTS Labs, only reported the flaws to AMD shortly before publishing their report online. Typically, researchers give companies a few weeks or even months to fix the issues before going public with their findings. To make things even stranger, a little bit over 30 minutes after CTS Labs published its report, a controversial financial firm called Viceroy Research published what they called an ‘obituary’ for AMD. ‘We believe AMD is worth $0.00 and will have no choice but to file for Chapter 11 (Bankruptcy) in order to effectively deal with the repercussions of recent discoveries,’ Viceroy wrote in its report. CTS Labs seemed to hint that it too had a financial interest in the performance of AMD stock. ‘We may have, either directly or indirectly, an economic interest in the performance of the securities of the companies whose products are the subject of our reports,’ CTS Labs wrote in the legal disclaimer section of its report.”

A rabbi was among seven people arrested in connection with an alleged $14 million scam to steal funds earmarked for Orthodox yeshivas in New York state's Rockland County. The suspects arrested Wednesday afternoon are accused of requesting funding for Hasidic schools through a federal school technology funding program for underprivileged students, NBC New York first reported. The internet is banned in the insular schools for which the funds were requested. Those arrested, from heavily haredi Orthodox Monsey and the Satmar Hasidic village Kiryas Joel, allegedly bilked the E-Rate program funded by the Federal Communications Commission. They posed as consultants and vendors to obtain the funds, but never provided the funded services. The scam took place from 2010 to 2016.